Climate Change Data

DSV A/S

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:15,930 tCO2e/year
Scope 1 Emissions:215 tCO2e/year
Scope 2 Emissions:226 tCO2e/year
Scope 3 Emissions:15,489 tCO2e/year
Renewable Energy Share:9%
Total Energy Consumption:5,091 GWh/year
Water Consumption:1,274,000 m3/year
Waste Generated:52,752,000 kg/year
Carbon Intensity:Air: 694.4 g CO2e/tonne-km, Sea: 6.6 g CO2e/tonne-km, Road: 97.5 g CO2e/tonne-km

ESG Focus Areas

  • Climate change
  • Diversity and inclusion
  • Human capital development
  • Health and safety
  • Labor rights & working conditions
  • Human rights
  • Community engagement
  • Waste management and recycling
  • Business integrity
  • Responsible supply chain
  • Tax transparency
  • Data ethics and cybersecurity

Environmental Achievements

  • Committed to net-zero carbon emissions by 2050.
  • Introduced a carbon pricing fee programme to raise a minimum DKK 1 billion over the next five years.
  • Adopted a Group-wide waste management policy to set new targets for waste reduction.
  • Increased the number of DSV locations that are part of our multisite QHSE certificate to 45% (from 32% in 2021).

Social Achievements

  • Completed the GIL integration with a high retention rate.
  • Conducted the first global employee engagement survey.
  • Launched global recruitment training for all DSV managers and HR employees to remove biases in the recruitment process.
  • More than 900 DSV leaders from 30+ countries participated in our leadership training programmes.
  • Developed and rolled out our new global Human Rights Programme.
  • Updated our Health and Safety Policy manual to increase its focus on employee safety and wellbeing.

Governance Achievements

  • 100% completion of the Code of Conduct course by salaried employees who were assigned to the e-learning module.
  • Implemented our Third-Party Risk Management programme.
  • Completed 600 supplier audits.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon net-zero emissions by 2050 – aligned with the SBTi standard – across all three emission scopes.
Medium-term Goals:
  • Reduce scope 1 and 2 emissions by 50% and scope 3 by 30% by 2030 (2019 baseline).
Short-term Goals:
  • Continue with current reduction targets.
  • Next phase of the Green Logistics programme to be initiated.
  • Implement various new sustainable road transport modes.
  • Roll out new Waste Management Policy and targets.

Environmental Challenges

  • Lasting impact of COVID-19 and ongoing disruptions to supply chains.
  • Economic slowdown affecting activities across global transport markets.
  • Geopolitical uncertainty (Russia’s invasion of Ukraine).
  • Immature market for green initiatives in the transport and logistics industry.
  • Scarcity of low-carbon transport equipment and infrastructure solutions.
  • Varying policy and regulatory regimes across countries.
  • Increased customer demand for sustainability requirements in tender processes.
Mitigation Strategies
  • Divested or closed down operations in Russia and Belarus.
  • Donated transport and logistics services, food and supplies, and opened homes to families fleeing the conflict in Ukraine.
  • Developed and promoted Green Logistics solutions.
  • Established a carbon pricing fee programme to fund innovation programmes and projects.
  • Exploring alternative fuels and technologies for air, sea, and road freight.
  • Strategic partnerships with stakeholders to develop and test alternative fuels.
  • Implementing a global waste management policy.
  • Conducting internal on-site audits focusing on sustainability, ethical standards and anti-corruption procedures.
  • Implementing a new global Third-Party Risk Management (TPRM) process.

Supply Chain Management

Supplier Audits: 600/year

Responsible Procurement
  • Supplier Code of Conduct
  • Third-Party Risk Management (TPRM) programme

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme climate events (hurricanes, floods, heatwaves)
Transition Risks
  • Carbon pricing and taxation
  • Reputational perception
  • Technology adaption
  • Availability of low-carbon transport infrastructure
Opportunities
  • New market opportunities and industry leadership in low-carbon logistics

Reporting Standards

Frameworks Used: GRI, TCFD, EU Taxonomy (partial)

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: PricewaterhouseCoopers

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Green Logistics solutions

Awards & Recognition

  • Not disclosed